Low-Graphics Print Version Low-Graphics Print Version

#ows Fed $7.77 Trillion Secret Bank Loans: Dennis Kucinich's NEED Act.

Congressman Dennis Kucinich (D-OH), a longtime advocate for reform of the Federal Reserve, is sharply criticizing the Federal Reserve today after Bloomberg news reported that the Federal Reserve secretly committed nearly $8 trillion in support to American and international financial institutions during the 2008 bailout. Kucinich recorded a video for his website before going to the floor of the House of Representatives to call upon Congress to reclaim its Constitution[al] primacy over monetary policy.

The Fed Grants $7.77 Trillion in Secret Bank Loan - Now Do You Understand Occupy Wall Street? - YouTube.

If you look at this "Monetary Reform: Series 1," you will see that I've been working on even improving Dennis Kucinich's effort.

The NEED Act is a very good start. It is vastly superior to anything I've ever heard coming out of Ron Paul's mouth for instance, not that I disagree with everything Ron Paul says.

Breaking the bankster's stranglehold on America via the NEED Act (enhanced) will go a long, long way to enhancing real liberty and ending foreign wars, etc. America can become a model of peace and prosperity for the world rather than a ravenous, violent, deadly, corrupt imperial power.

Christian Commons

Share

About Tom Usher

Mini-Biography: Vision for the Organization: (We must bring forth fruits worthy of repentance. The giving and sharing economy is the right system for running the whole household of Heaven and Earth.) Articles: (Thousands of online articles.) Employment: (2007 - Present: President: RLCC.) (1995 - Present: Independent contracting; Website developing; Writing.) (1993 - 1995: Factors International/Bradbury Hill International Finance.) Education: (City University, Olympia: Bellevue. Graduate Studies: Public Administration. Organizational Theory/Design.) (Arizona State University. BS, Political Science.) (Northern Arizona University.)
This entry was posted in Libertarian Capitalism, Monetary Reform, United States Notes. Bookmark the permalink.